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. so just kind of a lot of extremes out there today in this weather pattern. the big, huge trough on the west coast, a little unusual for this time of year has got the marine influence along the coast, it's keeping everyone cool, even a few showers, while everyone else, this will be one of the hottest days of the year throughout much of the east. i put out our enhanced satellite. you can see where the trough is in here. and it continues to spin just off the coast. all of these clouds, you see them off the shoreline. at night they move in, they move along the coastline. they burn off hopefully by about mid day or so. you get some sunshine in the afternoon and it keeps things really cool. there's a lot of drizzle with the clouds, too. we have showers from portland northwards. it won't pour, just occasional showers, temperatures in the 60s. and there's the 66 in san francisco, where fingers crossed for a little bit of sun late in the day. that's not a promise. that's a look86 for your high. san jose, 73 for you. not a lot is going to change in the west, it's going do remain cool. if
of more of the same big government as usual. not if it promises more of the same as banner under different party. >> that's the counter of a one-two punch. reminding voters that tim pawlenty backed positions that she fought and pawlenty threw the first punch in the fight. "instead of negativity, i want to focus on my accomplishm. i fought cap-and-trade agenda rather than implement it. i stood up against the bail-out rather than defend it." bachmann was responding to the weekend assault by pawlenty of lack of experience in the legislative branch. not withstanding the fact as minnesota governor he backed heifer for congress. >> i have executive leadership in a public setting, record of coy lampishment and result in difficult and challenging circumstances. she served in congress in that regard her record of accomplishment is nonexistent. >> three others near decisions to run or not. rick perry is personally calling to gain support in new hampshire and iowa. and being briefed on national and world affairs. sarah palin is on the cover of "newsweek" predicting she can win. no timetable on decisi
today? >> this wouldn't be the big deal if this is the only day, but this is day after day the spring into the summer. then let's pile on a top of humidity. that gets to the people and aggravates everyone. this is where the center of the heat is. right over the top of the eastern half of the country with the exception not being up in the great lakes. this is already the heat index. what time is it? it's 10:00. we are at 105 already in louisville. areas of memphis, nashville and st. louis are right behind. the worst has been centered over the ohio river valley and southern indiana. later today, this is my forecast heat index. this is how hot i'm predicting it's going to get. the worst is up here with the dew points at the highest. we are thinking 110 in louisville, 110 in nashville. i've got my money on 115 in memphis as the hottest heat index in the country. it goes from oklahoma city to the east coast. this is one of the first humid days we had from new york to deep, deep baltimore, raleigh. you go down the coast with no exceptions. this is historic in oklahoma city. we now had 13 da
, i think first of all the president realizes we have to get a big deal. as we discussed a couple of weeks ago or last week, charlie, if you don't send the appropriate signal to international financial communities, you can raise the debt ceiling but the interest costs are going to go through the roof. so it has to be a big deal and so i think he recognizes that. and i think speaker boehner subpoena looking at the reality of what's going to happen in 2013 without agreeing to what the president said. we're going to have 4.9% increases on taxes on everybody earning er $200,000 a year anyway just from the affordabl care act. so you'll see significant increase in taxes withoutany increased taxes put on the table. i think they can do a deal and i think a deal can get done if, in fact, we do take away a lot of the tax eendires and lower the rates so thatwe get an economic boom that would come a that. so i think it's still possible. i think things tend to happen in washington when they have to so my slope that something will come togher and occur. >> rose: how long do you think it will ta
on that situation. the other big story severe storms sweeping across the region. here is some video from the gaithersburg. we have crews in maryland and virginia to cover the story. >> blistering temperatures may lead to record heat tomorrow. >> it has been and evening and a night of some wild weather. let me take you back and show you that ferocious line. that is the one that came through chicago. there is another one forming out to our west. let's keep an eye on that. look at a lightning in just the last hour. everything is moving over to the eastern shore. that line is falling apart. meanwhile, there is the other batch that will be staying to our south. we could be looking at some more afternoon thunderstorms. here are the damage reports all away from western maryland and into the nearby suburbs. a number of reports of trees down. some very localized heavy rain. i will show you more of that when i join you. tomorrow is going to be a really hot one. >>> fire officials in montgomery county confirm a lightning strike caused this house fire. this was around the time -- at last check there
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
leak shut down i-270 for phi hours. if you've seen the volume of traffic on that road, it is a big deal. surae chinn is live in clarksburg where repairs are still going on as we speak. good morning, surae. >> good morning to you. the commute this morning will be much, much better. it will be improved because the roads are open. 270 wide open this morning. the only thing you really have to worry about is working around the work zone because it will be down to one lane. let me show you this work zone and where that main broke here. it is right there at the three pillars you see over there. that's to hold up the earth so it doesn't cave in. the big excavator, the one where the windows got blown out so you can imagine big pressure that was happening as that gas main broke. you can see the mud all over the place that caused this very dangerous situation. well, this happened around 4:00 yesterday and people were working through the night to make those repairs and also keep this place safe. traffic backed up as you mentioned, 270 was shut down just as the evening commute got underway. cars had
obama stead was time for both parties to eat our peace, make tough choices for a big budget deal. today he said without a deal there may not be enough money to send out social security checks. for many republicans in congress, opposing tax has become more than ideology. it's become relation. they're advocating their responsibility to co-govern. how are we ever going to get a deal if republican leaders more afraid of the tea party than it economic collapse to come? >>> also, pray away the gay. michele bachmann's husband says it's not trying to pray gay straight, but there's a different story. this may may michele bachmann more popular with her base, but what after everyone else? >>> plus, the murdoch scandal keeps getting bigger and bigger. gordon brown told the bbc murdoch used known criminals to get access to his personal information and it hit the "sunday times" of london and his company stock is sinking. how bad will this get? >>> jon stewart and fun, a lot of fun, actually, with the murdoch story. that's on the "sideshow" tonight. >>> finally, let me finish with a name synonymous wi
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
, social security. things like that. things obama says would be a sacred cow for democrats. talk about big numbers. that $4 trillion was the largest number we've heard so far but that does not sit well with republicans, because they wanted absolutely no tax increases. president obama, democrats told me, simply said, look, i'll give you $4 trillion in spending cuts. give me one-third in new tax increases. something in ordinary political years i'm told by democrats, most republicans would jump on. after this has played out, over the last few days, mitch mcconnell came through with a last-ditch plan. here's what he had to offer. >> i would advocate that we pass legislation giving the president the authority, the authority, to request of us an increase in the deficit would take us past the end of his term. we would authorize him to request of us that we raise the debt ceiling for the amount that he says he needs. require him to list spending cuts he would make in the same amount as the debt ceiling request he's making of us. >> reporter: so, dylan, if you didn't quite get all that you're not a
in these negotiations. chief washington correspondent jim angle looks at how big the gap is between what medicare takes in and what it owes. >> lawmakers of both sides agree that it's unsustainable. a problem raised with the former director of the congressional budget office. >> our understanding is that medicare is insul vent to $60 trillion is that right? >> it's underfunded by any piece of arithmetic. this year, 51% of the cost comes from tax revenue, not premiums paid by seniors, an amount that will soar in coming years. the new healthcare law seeks to cap healthcare spending to measure of inflation. if it goes faster something called the independent payment advisory board or icap would find savings. >> the board is prohibited by law to make recommendations to ration care, reduce benefits, raise premiums or raise cost sharing. >> it would therefore be limited to calling for cuts to providers such as doctors. committee chairman paul ryan knows providers only get # 0% of the rate now, headed to 66% and then half of that. he argues that doctors will just stop treating seniors. >> it's rationing on the
to figure out whether or not we are still a country that can think this big. we have to come up with a sensible way to finance healthcare, and the delivery 6 healthcare. there isn't anything we can't afford if we prioritize it. >> i think that one of the things we will see in the 2012 presidential election is whether a republican stands up says, i disagree with obama on taxes, and foreign policy, but he is as much of an american as i am. they won't say that move on to the issues. >> with immigration, you can only fear the future if you don't know our past. if you know how this country was built on immigration, you will understand immigration is an invaluable energy infusion into this country. it always has been. it changes the definition of who we are. >> good evening, americans, welcome "the ed show." the president is playing a dangerous game of chicken with this country's safety net. drew a line on taxes, i will have to draw a line on the big three tonight. don't offer the cuts on medicaid, social security, the american people since american people have spoken. the president s
together to remember betty ford. >>> losing and winning big. how she went from an overweight teen to a beauty queen with miss america now in her sights. >>> and from the swankiest lounges, to hidden dive bars. hot 99.5's cruz w >>> is your coffee cup at starbucks just not big enough? now it can be even bigger. the coffee chain will offer a new 31 ounce trenta size. it's like a big gulp, 7 ounces larger than the venti. and has more volume at that point average stomach. for now your iced coffees and teas will be available in the super sized cup in the d.c. area. more than half of their customers already order the largest size they have already. >>> from baristas to bars. we have cruz with us to talk about the best bars in the washington region. people can go to your web tight and vote for the best bar on the list. >> these aren't bars or nightclubs. the whole idea, we wanted to find -- create a list of what was hot, hot stuff in d.c. we created these categories. people gave us their nominations. you can go to hot 99.5.com/kane and vote for bars all over the d.c. area, which is great
>>> the big divide. congressional leaders return to the negotiating table in a few hours trying to hammer out a deal. the two sides farther apart than they've ever been. the question is, if not now, when will a deal happen? >>> the extreme heat is the number one killer in the u.s. claiming more lives than tornados, floods, even hurricanes. how bad things are getting across the country right now. >>> praying gay away. the secret videotape involving presidential candidate michele bachmann and her husband's clinic. does their business claim to have a cure for homosexuality? calling rupert murdoch, the media magnate and his son have been called before parliament to explain the phone-tapping scandal that could bring them down. >>> i'm thomas roberts. we get to president obama preparing for another round of debt talks with congressional leaders as the clock continues to tick. speaker boehner reenforced his party's message and put pressure on the president this morning. take a listen. >> this debt limit increase is his problem. i think it's time for him to lead by putting his plan on t
jobs for christie's auction house, sure they are. for big, strong. >> i want to see numbers. you said millionaires and billionaires what he means are people making over $250,000. >> we already got the tax increases in obamacare. he has already passed taxes. now he wants taxes. >> name one tax increase? >> obamacare, conveniently not until 2014. >> not true. >> i give you credit. boehner is in a difficult spot because of the members of his con france that says he won't vote for anything, any kind of deal because we won't vote to raise the debt ceiling. he has to work with them. >> not all of you do not think it's a little difficult for boehner when people say nothing, absolutely nothing? grover norquist from k-street, he ought to be sent to gitmo as a terrorist for being a national. >> now you finally like gitmo. >> i like it for grover. that's for sure. >> can i make one other point? keep in mind the debt ceiling increase is not for the new spending but to pay for money appropriated by democrats and republicans alike. >> wait, wait, wait. what are you talking about? >> time-out. what
government shut down. i never thought that was possible." the big lesson for minnesota is the unthinkable is possible. you have a tendency to think in these sorts of situations it's just a game of chicken, there will be a resolution, the debt ceiling will be lifted, but sometimes a game of chicken ends in a car crash. the last thing that republicans walked out of in terms of trying to avert this car crash was a meeting president obama convened yesterday in washington. you may remember mr. obama told everyone to dress casually because they were going to be there for a long time, right? that's why we have the pictures where they look vaguely, slightly, iranian, because they are not wearing ties. women look the same they always do, but the mens, aimadinijad. john boehnor told reporters he could not support any big deal the president wanted period. so in the end, their long day of sweaty, tieless negotiations only lasted an hour and 15 minutes, then they went home. the unemployment crisis, but that is not what they are having crisis negotiations about in washington, but they are having crisis
. those conditions could cause big problems. brianne carter is live on the national mall as we get ready for today's east.-- today's heat. >> usually we filigrees at this time of the morning, a petite is already in washington. today is going to be even worse than yesterday. another day of heat and humidity. while this is part of what summer in washington is like, people are taking precautions. many try to gaps out during predict many try to get out during the early morning or late evening. we will feel that again today. on days likeness its can certainly be unhealthy and potentially dangerous. officials with the fire department say that they do see an increase in calls on days like this. they are urging everyone to stay hydrated and stay in the status possible. we are certainly going to be dealing with the heat. -- stay and the shade,. >>> people in the midwest, the south, and the northeast are doing all they can to stay cool. there are heat advisory is in 20 states. but he is expected to stick around for a few more days. -- the heat is expected to stick around. >>> a lightning strike i
>>> good day. i'm in for con tesz ya brewer. we're covering the big news from coast to coast. the hot topic is just that. we're talking about the sorching summer heat. >> beautiful weather out there if you love heat and humidity. today will be the hottest and most humid day of the summer. >> today? >> look at the numbers. right up into the triple digits. >> dallas has been baking in 100 degree temperatures for ten straight days. >> horrible. horrible. >> near hudson, texas, it's not the heat or the humidity, that's the drought. >> oouf never seen it like this. >> across the south temperatures are soaring and water levels are sinning. it's so bad a south georgia man is sharing the water from his pool. >> we're carrying buckets of water back and forth to the neighbors. >> in the midwest oppressive heat claimed one life. a man found dead inside his mobile home on sunday, the air conditioner wasn't working. >> this is oppressive and dangerous heat affecting more than 20 states and more than 90 million people. >> there are heat advisories or warnings in 24 of the 48 lower states.
wants 100%, then we can't get anything done. >> the president goes big, republicans go backwards. >> i have bent over backwards to work with the republicans. >> the one thing he won't accept is a short-term solution. >> boehnor's people and republicans on capitol hill say they are ready to eat the peas, but the peas can't have flavor of tax increases. >> speaker boehnor is caught between the tea party and catastrophe. >> he basically caved in on saturday night after pressure from eric cantor. >> he has the power in the house. >> what can you tell me about the relationship between speaker boehnor and eric cantor? >> senator dick durbin joins me. >> john boehnor is along for the ride. >> not all republicans believe the united states will default. >> i will be voting no on increasing the debt ceiling. >> these are ignorant people feeding lies to their constituents. >> dr. evil only asked for $1 million. >> tax pledges aren't the only problem for the republican candidates. >> did two republican hopefuls really sign a pledge suggesting a return to the days of slavery? >> the marriage vow. >
about it. >> trying to follow the guns is a big part of the drug cartel thing. they tried programs. >> that is the problem, they didn't track them. they gave them to them. didn't work. >> gave 2,500 and. >> it didn't work. the american people deserve to know that. >> i agree. >> then this is not unreasonable to ask the gun shoppe to report the ridiculous weapons of mass destruction that the national rifle association loves so much. >> the n.r.a. for you are symbolic of people who own guns. that is what it is. it's just people who belong to an organization who own guns. the security is not the issue. >> it's the not the gunowners of the national rifle association, it's the thugs that run it. >> maybe nancy pelosi and harry reid can answer why $10 million of taxpayer money in the stimulus bill? america, you paid for this. >> the overseer of. >> maybe somebody got jobs out of it. >> druglords. are you thrilled about that? >> no, not really. >> created or saved a bunch of drug traffickers' jobs. bravo. >> we agree that this did not work but we have to find a way to track the guns. >>
wants the big deal that would include perhaps cuts in medicare, medicaid and even social security, and with them tax increases. john boehner responded quickly. no to any tax increases, period. well, my question tonight, do republicans want to deal with really tanking the economy to say no to taxes? the face of the deadlock. the president said both sides have people who refuse to compromise. tonight one from each camp. democrat and tea party republican. i'll ask them what price they'll will be to see the country pay so they can stick to their positions. >>> also, not so excellent adventure. both michele bachmann and rick santorum signed a so-called marriage vow from a conservative group that suggested african-americans had a better family life under slavery. who writes this stuff? and worse yet who would sign on to such stuff? by the way, bachmann leads the pack in a new iowa poll, and a scandal keeps getting bigger. a report the tabloid targeted former prime minister gordon brown's voicemail and bank account. how far will this scandal go? and let me finish with a need for presiden
something that that big a deal. so are you concerned, congressman west, about what happens come august 2nd? and that if it is, you know, the situation where people stop getting social security checks, that folks like you will pay for it come election time? >> no. my concern is we have a president that is not willing to do his job, and that is to prioritize the spending that he is digging in his heels being a rigid i'd log, and he must understand that every single one of his economic policies have failed. it's time he realize that he does not have the moral high ground in this argument and that we do have the right type of viable solutions in the near term and for the long term. martha: let me ask you this, in the caucus meeting that you were in this morning, what did you walk out of with in terms of whether or not there's going to be any deal? are we going to get any deal, or are so many republicans in the house basically digging in their heels and saying no deal? >> well, i think the thing right now is that we understand there's some principles that we're looking for, pretty much exactly
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
them and this one will leave a big bite mark. >> is that a valid excuse? that maybe some staffer read it? >> i find that mind-boggling. such a statement would scream out to you as just incredibly wrong. that you cannot -- if you are a first-year student in high school and you read that statement, that's got to send up some alarms to you that says -- wait a minute. we can't sign this sort of thing. and particularly, not so much probably in the republican primary. if she does get into the general election, this sort of thing with independent voters just kills you dead. it's a nonstarter because it's such a fringe sort of way of thinking of things. >> it's also interesting that -- >> i would say that's probably why they didn't look at it. because i agree with you. had i read this and any of the republicans i talked to, they would say -- what the heck is this? i just think someone wasn't paying attention when they were doing their job. >> even in the explanation this group has put out, where retracted it, they did the classic -- this can be -- i'm sorry if you misconstrued this. they're n
it into the ground or how he moved it. there was no tape on it. the big issue was there was a total failure to find any forensic evidence whatsoever on the tape. more importantly f you remember the only --, if you remember, the own partial profile of dna that was detected absolutely excluded casey. and also excluded caylee from something contact with that tape. that was a mystery. it has not and never will be solved, i suppose. >> greta: i talked to the prosecutor and i asked him, she disappeared or died in june there was a call in august by the meter reader. the remains were found in december. i asked him if the remains had been found in august when the first call was made whether there would have been more forensic clouds which would have indicated cause of death. he -- he said even that was too late do you agree or not? >> i don't agree. possible, possible, possible. that's the case we had. the fact of the matter is, the child was alive june 16th. and was seen with the grandfather on the videotape. if the sheriff's department had done their job, i've always wondered why they couldn't do the slig
in business news. big losses on stock markets overnight. >> indeed, catherine. europe and wall street sliding overnight. new york stocks tumbled on monday on growing concerns that greece's fiscal problems could spread to other european countries such as italy and spain. the dow jones industrial average lost more than 180 points at one stage, closing the day at 12,505, down 151 points from friday's finish. sell orders surged for a wide range of issues. earlier in the day, european stocks were down across the board. market sources say investors are speculating eu stress tests for regional lenders could reveal problems that are weighing down on italian banks. results will be announced later this week. italy's long-term bond prices have plummeted on the speculation. >>> now let's go check on tokyo shares after a considerable setback on wall street and continued concerns in europe. we go to ramin mellegard who is at the tokyo stock exchange. italy emerging as the next big story. >> very good morning to you, ai. we're really seeing that reflected in the markets here at the open boat the nikkei down
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. the president came out and said republicans, you have to do a big deal and by the way, if you are thinking about an interim plan, forget it, i'm not going to do it. >> i found it interesting because he basically said both sides had to get used to some sacrifice. brian, you and i had the debate yesterday on radio whether or not he would have that particular tone. but that's what he said. i found it interesting he said we should attack this right now, although a month ago he wasn't even involved in these talks. you have to ask him why the sudden urgency now. the other question is is that august 2nd deadline, could tim geithner just push that date a little bit more down the road or is that hard and firm? >> well, here is the -- >> it's not going to get easier, it's going to get harder. we might as well do it now. pull off the bandaid, eat our peas. now is the time to do it. if not now, when? i'm prepared to take on significant heat from my party to get something done. and i expect the other side should be willing to do the same thing if they mean what they say. >> it's amazing. yesterday the presid
. >> thank you. the heat wave is a big worry for thousands of people packing into the nation's capital. we are not the only part of the country baking in this heat. our coverage continues live from the national mall. >> many people are looking to get into the water or seek shade. throughout the day, the heat is going to keep on coming. >> it is awful. >> the scorching sun combined with the heat and humidity is making it a difficult day to be outdoors. >> it was 82 when i came in at 6:00 this morning. it is going to be hot. >> these sweltering conditions caused runners to hit the pavement early. >> in an hour, it will be too hot. >> also in an attempt to stay cool trash trucks in the district started an hour ahead of schedule. the heat index makes temperatures feel well above 100. and we are not alone. half of the lower 48 states have heat advisory's or warnings. in oklahoma, temperatures are rising. in illinois, the heat claimed the life of a man whose air conditioner was not working. >> we get increasing calls. it takes a toll. people need to hydrate, a slowdown. >> across washington, man
than brussel sprouts or peas or a debt clock in new york needs two lines to show you how big our debt is. more on that through the course of the show. >>> julian assange, mr. wikileaks, the most famous whistle-blower on the planet, his court appeal begins in london. this has to do with sex accusations in sweden. assange denies them. he's tried to avoid extradition, that's what this appeal is all about. his lawyers are afraid if he gets extradited to sweden will extradite him to the united states on these leaking charges. >>> take a look at the surveillance video with me from bourbon street in the french quarter in new orleans. a guy in a black shirt and ball cap shooting right there on the street. you can see people scrambling out of the way. two bystanders got hit and survived. police hope the video leads them to the gunman. another shooting 24 hours earlier a police officer was shot and killed. sorry a police officer shot and killed an armed man who had been scuffling with bouncers at a club. >>> it looks like a new weapons reporting plan is going to happen, it would require gun dea
of the big argument in washington, d.c. right now is allegedly over raising the debt limit, but what's really going on is competing plans about budget cutting which amounts essentially to dieses investment. given the economic realities, can you just outline for us the differences that we can expect to result from on the one hand investment in the economy if the politicians were willing to do something like that, or on the other hand, budget cutting that they're talking about so much. >> well, thank you, bob. i want to start in my answering the question where rich led off that, you know, this is a choice. the unemployment that we have in front of us is something that policymakers can do something about, and as the economist up here on the panel, i want to leave the audience with one thing which is that if we do -- what we do that is good for workers in this economy will also be good for the economy overall so often here in washington, and that's the way the deficit conversations are going, it's as hoe there's this big difference we need to deal with the deficit because that's good for the econ
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